NYLI MacKay Muni Income Opps Class A3 (MMIVX)

Fund Assets	n/a
Expense Ratio	2.50%
Min. Investment	n/a
Turnover	n/a
Dividend (ttm)	0.33
Dividend Yield	3.33%
Dividend Growth	1.87%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	10.01
YTD Return	1.04%
1-Year Return	6.65%
5-Year Return	n/a
52-Week Low	9.70
52-Week High	10.30
Beta (5Y)	0.23
Holdings	n/a
Inception Date	n/a

About MMIVX

NYLI MacKay Muni Income Opportunities Fund Class A3 is a closed-end interval fund designed to generate current income exempt from regular federal income tax through strategic investments in municipal securities. This fund primarily targets investment-grade municipal bonds but maintains the flexibility to allocate up to 50% of its portfolio to high-yield municipal securities, aiming to capture enhanced income potential while managing risk. Notably, it employs tactical leverage and opportunistic security selection to boost returns. Structured as an interval fund, NYLI MacKay Muni Income Opportunities Fund Class A3 offers limited quarterly liquidity, which allows it to hold a greater proportion of less-liquid, longer-term municipal securities than typical open-end mutual funds. This structure supports its ability to pursue less capital-volatile strategies with higher risk-return profiles. The fund pays monthly dividends and is particularly relevant for investors seeking tax-advantaged income streams. Its focus on municipal bonds exposes it to sector-specific risks, including changes in tax or legislative policy and issuer credit quality. With its unique mandate, this fund plays a niche role in providing federally tax-exempt income within the landscape of fixed income investment vehicles.

• Stock Exchange: NASDAQ
• Ticker Symbol: MMIVX

Performance

MMIVX had a total return of 6.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.82%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02851	Jul 31, 2026
Jun 30, 2026	$0.02691	Jun 30, 2026
May 29, 2026	$0.02853	May 29, 2026
Apr 30, 2026	$0.0255	Apr 30, 2026
Mar 31, 2026	$0.0294	Mar 31, 2026
Feb 27, 2026	$0.02664	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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